Actually there is a solution,since all the wealth in the west is held by about 2 to 4 percent in society,you sieze these,and they lackies in the media and broadcasting people throw them in jail,or eliminate them from society,sieze they assets ,and all the tax havens where they keep they money.and start again.No finacial problem ,dont you think?.

The UK has what it has; it puffed up the its civil service cronies, and I stress cronies, not ordinary front line public workers, and bought part of the electorate with benefits. It developed a culture of dependency and direct payments between Government and the electorate. The whole government of new labour was a corrupting influence based on credit and buying allegiance. Every body was happy to go along for the ride whilst they were getting something out of it. Democracy totally and completely failed as a direct determinable finacial value could be adduced from who governs. There were phrases like you will be 4.10 GBP pounds better off voting labour. What a farce in a democratic society. Where micro party management of peoples lives became the norm, supported by their friends credit. So now someone has to pay, and the people are the target, not the financial institutions who also had a financial windfall on discount government money and a free for all to run loan sharking amongst the deliberately maintained subsistence level of the required voters peoples wealth. Who would have thought that New Labours claim to fame would be a Dickensian Britain. A situation the PEOPLE again will have to pay to extracate themselves from! My advice to British people, don't accept the garbage about immigrants are your problem, or the single parent on benefits. This is a diversion for you not to go after the Bankers, the Civil service cronies, the defence companies, the 'friendly' government contracts, the MP expenses. Because these were the real benefit cheats: are you all going to forget them? because they give you a muslim to blame, an east european, a single mum.... If you do, you will prove to be so easily led! But then again who owns the press in Britain, yes the same corporate cronies with vested interests.

So Alex Young in publicising his book on RT tells us that if you drink three bottles of vodka you think you can solve the UK's economic problems but then you have a hangover. He also tells us that we have not learnt the lessons of the credit meltdown and that neither cutting expenditure to balance the budget or quantitive easing will work because they are based on out of date economic models. Thanks for the advice on drinking vodka but could he present some economics and tell us what lessons needed to be learnt and what the correct economic models are!! RT seems to of given this attention seeking author free publicity for his book with no substance as to where we are going wrong in the UK. Finally interviewing people in the City of London on the likely impact of the budget cuts seemed rather pathetic. 1. They do not represent people in the UK (They live in a priveliged world of their own) 2. They did not elaborate on why it would be disasterous for the UK economy. All we had were glib sound bites of people saying "oh its going to get worse" etc